Updated Dec 21, 2023
Kiki & Greg Norman Purchase Palm Beach Gardens Single Family For $12.2M
12227 Tillinghast Cir, Palm Beach Gardens, FL, USA
$12,200,000
$1,030/SF
Building Size
11,837 SF
Asset Type
Single Family Residence
Closing
Apr 7, 2021
About this deal
AI
The single-family property located at 12227 Tillinghast Cir in Palm Beach Gardens has been sold. The transaction took place on April 8, 2021. The property spans 11,837 square feet and has a price per square foot of $1,031. The total sale price amounted to $12,200,000. The buyers of the property are Kiki and Greg Norman, while the sellers are Joseph and Julie Lashinger. The deal was facilitated by Robert Thomson from Waterfront Properties & Club C.
Summary of Transaction Details
- Property Type: Single Family
- Transaction Amount: $12,200,000
- Square Footage: 11,837
- Price per Square Foot: $1,031
- Buyer: Kiki & Greg Norman
- Seller: Joseph & Julie Lashinger
- Broker: Robert Thomson - Waterfront Properties & Club C
The sale of the property at 12227 Tillinghast Cir was facilitated by Robert Thomson from Waterfront Properties & Club C. The buyers, Kiki and Greg Norman, are now the proud owners of this Palm Beach Gardens property. Meanwhile, Joseph and Julie Lashinger acted as the sellers in this transaction. This successful deal emphasizes the popularity and desirability of properties in Palm Beach Gardens.
On the Map
$12,200,000
$1,030/SF
Single Family Residence
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Players
Palm Beach Gardens Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.30%
Cash-on-Cash
-0.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93